A Primer on Managing Sovereign Debt-Portfolio Risks /

This paper provides an overview of sovereign debt portfolio risks and discusses various liability management operations (LMOs) and instruments used by public debt managers to mitigate these risks. Debt management strategies analyzed in the context of helping reach debt portfolio targets and attain d...

Celý popis

Podrobná bibliografie
Hlavní autor: Jonasson, Thordur
Další autoři: Papaioannou, Michael
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2018.
Edice:IMF Working Papers; Working Paper ; No. 2018/074
On-line přístup:Full text available on IMF
LEADER 01856cas a2200253 a 4500
001 AALejournalIMF018365
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781484350546 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Jonasson, Thordur. 
245 1 2 |a A Primer on Managing Sovereign Debt-Portfolio Risks /  |c Thordur Jonasson, Michael Papaioannou. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2018. 
300 |a 1 online resource (133 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper provides an overview of sovereign debt portfolio risks and discusses various liability management operations (LMOs) and instruments used by public debt managers to mitigate these risks. Debt management strategies analyzed in the context of helping reach debt portfolio targets and attain desired portfolio structures. Also, the paper outlines how LMOs could be integrated into a debt management strategy and serve as policy tools to reduce potential debt portfolio vulnerabilities. Further, the paper presents operational issues faced by debt managers, including the need to develop a risk management framework, interactions of debt management with fiscal policy, monetary policy, and financial stability, as well as efficient government bond markets. 
538 |a Mode of access: Internet 
700 1 |a Papaioannou, Michael. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2018/074 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2018/074/001.2018.issue-074-en.xml  |z IMF e-Library